Investment Office Logo

Tariffs as the primary revenue source in early U.S. history

Enrique Martínez García, Michael Sposi
Federal Reserve Bank of Dallas, August 2025

 

Tariffs Chart

The above chart is sourced from the working paper "A History of U.S. Tariffs: Quantifying Strategic Trade-Offs in Tariff Policy Design", by  Enrique Martínez García and Michael Sposi, Federal Reserve Bank of Dallas, August 2025